RULE NO: RULE TITLE
61J2-5.014: Registration of Corporation
- NOTICE OF CHANGENotice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 32 No. 14, April 7, 2006 issue of the Florida Administrative Weekly.
The Board held a public hearing on this Rule on December 12, 2006, in
Unless the Commission or BPR shall have information that the corporation has been in violation of Chapters 475 and 455, Florida Statutes, or the rules promulgated under said chapters, it will be assumed to be qualified for registration if its officers and directors are qualified and if the answers to questions in the application, or in supplemental inquiries, are satisfactory. Otherwise, investigation and other proceedings, as in cases of individual applicants, shall commence.No registration shall be granted or renewed for any corporation if it shall appear that the personindividual(s)having control of the corporation has been denied, revoked, or suspended and not reinstated, or if a person having control of the corporation has been convicted of a felony in any court and has not had civil rights restored for at least 5 years, or if an injunction has been entered against the personindividual(s)for operating as a real estate licensee without a license. A person shall be deemed to be in control of a corporation where such personor spouse, children, or member of the householdshall own or control,directly or indirectly,more than 5040percent of the voting stock of such corporation. An applicant for registration shall submit forms DBPR 0040-1 (Officers and Directors) and DBPR 0030 (Attest Statement),in which are incorporated herein by referenced.No corporation shall operate as a real estate broker until they have received written notification from the Department that the corporation has been properly registered.THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Lori Crawford, Deputy Clerk, Division of Real Estate,
